Program Selection
Identify the specific WSHFC program and product code you are applying for. Choosing the correct program determines eligible income limits, geographic restrictions, and supporting documentation required by WSHFC underwriting.
Completing the WSHFC Application Form accurately determines eligibility, preserves program priority, and accelerates underwriting. Clear entries and complete supporting documents reduce processing delays and help ensure funds are reserved when program allocations are limited.
Individuals and organizations involved in a WSHFC application include primary applicants, co-applicants, lenders, and program administrators.
Roles vary by program; lenders often submit the final package while applicants supply certified supporting documents and signatures.
Individual or household head applying for a WSHFC product. Responsible for providing accurate identity, Social Security or ITIN, income documentation, property details, and signature attestations. Errors in names or missing documents delay underwriting and may trigger requests for corrected forms.
Lender, housing counselor, or attorney acting on behalf of the applicant with documented authorization. Agents prepare and submit the application, upload verifications, and must ensure signatures and notarizations meet program-specific rules.
Identify the specific WSHFC program and product code you are applying for. Choosing the correct program determines eligible income limits, geographic restrictions, and supporting documentation required by WSHFC underwriting.
Provide full legal names, TINs, birth dates, contact information, and marital status. Consistency with photo ID and tax documents is essential to avoid verification exceptions.
Detail gross wages, other household income, and sources. Attach pay stubs, award letters, or IRS transcripts per program instructions to substantiate eligibility.
List the property address, sales price, and contract date. Include evidence of owner-occupancy intent and any HOA or special assessments that affect affordability calculations.
Answer all statutory questions about prior ownership, bankruptcies, and program-specific residency requirements. Omitted or incorrect declarations can trigger rescission of an offer.
Signatures, dates, and any required notarizations or witness attestations finalize the application. Ensure signing authority is correct for co-applicants and authorized agents.
Follow the stated program opening and closing dates; some programs fund on a first-come, first-served basis.
Respond to requests for missing documents promptly to avoid removal from consideration.
Commitments often have expiration or cure periods tied to closing schedules and rate locks.
Coordinate lender and title timelines to complete closing before any program or rate deadlines.
Retain copies for tax reporting and verification; tax forms follow IRS timelines (see retention guidance).
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